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Provider: Thomson Reuters Stock Report

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ULVAC, INC. Announces Outcome of Early Retirement Program; Expect Extraordinary Loss for FY 2012

Wednesday, 20 Jun 2012 03:45am EDT 

ULVAC, INC. announced that 879 employees took up the offer of an early retirement program disclosed on April 26, 2012. The employees who took up the offer will be supported with special benefits and outplacement support. They will retire on June 30, 2012. The Company is expecting an extraordinary loss of approximately JPY 5.3 billion due to this development, for the fiscal year ending June 2012. 

Company Quote

58.0 +2.93%
16 Apr 2014